BIVA closes its first historic day of operations

In a historic day for the Mexican market for the official launch of the Institutional Securities Exchange (BIVA), investors took the local stock indexes into positive territory.

FTSE BIVA began with an increase of by 0.17%, which led to 1003.38 units, while the BMV's CPI recorded an advance of 0.28 percent to close the day at 49 thousand 603.65 points, its best level in 5 months.

The first transaction in the new stock exchange was made by the Finamex brokerage firm.

After 43 years and with the presence of authorities and leaders, a new stock exchange returned to commerce in the country, and the cry of "Viva, BIVA" was the beginning of operations of the new stock exchange.

"Today is an important day for the development of the stock market, since the sector is modernized by including a new stock exchange.The market should grow and this directly affects the economic growth of the country," said Santiago Urquiza. , president of CENCOR, during the inaugural address at the altar of the homeland.

For her part, María Ariza, Executive Director of BIVA, declared that with the arrival of the new stock exchange, the country enters into the dynamics of the world's major economies where there is competition between the stock markets.

"Mexico today adds to the global trend by integrating competition among stock exchanges as a mechanism that will promote its development, offering benefits that promote market expansion, attracting investors and investors. broadcasters through a more diversified offering of products and services.

The gains on the stock market were supported by Elektra with a gain of 3.01%, followed by Grupo México Transportes, Kimberly Clark of México and Grupo Financiero Inbursa.

On the contrary, the failures were led by Industrias Peñoles, who dropped by 3.62%, followed by Grupo Bimbo, Grupo Televisa and Regional.